My father had to be hospitalized in July 2024 due to a brain stroke; he was in the ICU after surgery for a month, and
Category: Finance
I-T department is cross-verifying claims in real time. You’ve been warned.
NEW DELHI : For a long time, people have been getting away with making inflated or false claims in their income tax returns (ITRs). Unless
Latest stress test shows THIS about small cap mutual funds. Check details here
The latest stress test for April 2025 reveals that some small cap mutual fund schemes will take as long as 70 days to liquidate 50
InvITs look tempting. But are they right for you?
After all, fixed deposits yield 6-7% interest every year, and investment-grade bonds could only reach up to 10%. Tempted by the high return, Ram decided
UPI Circle goes cross-platform: Here’s how it works across BHIM, GPay and PhonePe
Managing daily payments for elderly family members or dependents, long a logistical challenge for many Indian households, just got easier. The National Payments Corporation of
Credit score basics: What’s considered bad and how to turn it around
In India a credit score is an extremely important indicator of an individual’s financial health. It influences personal loan approvals, interest rates, credit card eligibility,
Cyprus offers Syrian families money to resettle and work permits for main earners
NICOSIA, Cyprus (AP) — Cyprus will offer Syrian families money to help them resettle back in their homeland and allow the main income earners to
The split-up: How to protect your assets before and after marriage
These can impose a heavy burden upon one of the spouses. According to lawyers that Mint spoke to, several solutions are available. While none of
Legal minefield: Decoding capital gains tax on the sale of leasehold and tenancy rights
Tax on capital gains has long led to disputes in many areas. One such area is capital gains from the sale of leasehold or tenancy
Ask yourself these questions to avoid emotional investing
Despite access to more information and better financial literacy, investors still exhibit the same emotional tendencies: fear, greed, overconfidence, herd behaviour, and loss aversion. Basic
ITR filing FY25: I-T dept extends last date for filing returns on income tax for FY25 from July 31 to THIS date
The Income Tax Department has extended the due date to file income tax return for FY 2024-25 (AY 2025-26) from July 31, 2025, to September
Life of a soldier: A secure job, but financial literacy lags
Financial awareness has always been low in the army and seniors hardly discussed money or investments, he added. Chauhan’s views reflect a broader pattern among
The Dhandho Investor: 5 timeless lessons from Mohnish Pabrai’s low-risk investing strategy
As the Indian equity markets continue their growth journey, investors in the country are revisiting the principles of value investing amid volatile equity markets and
How Capitalmind’s Deepak Shenoy covered shortfall in his son’s education goal
Adjusting education portfolio Shenoy had started making investments for his son’s education goal in 2017. As mentioned, the expected goal was domestic education at the
What tax benefits are available for parents of autistic children?
My son is autistic and his UDID card mentions 25% disability. What tax benefits am I eligible for? Is it true that the clubbing provision
Can the income of a joint property be taken in single name?
I have bought a residential property with my wife by taking a joint home loan. I am the only one repaying the loan. We have
EPFO ratifies interest rate at 8.25% on employees provident fund deposits for FY25
The government has ratified the rate of interest on employees’ provident fund at 8.25 per cent for FY25, enabling retirement fund body EPFO to deposit
ICICI Bank wedding loan explained: Interest rates, eligibility, and documents
As wedding related expenses continue to rise in the country, many couples are actively exploring financial resolutions to manage costs efficiently. ICICI Bank provides for
EPFO rules 2025: Here are 4 key changes every EPF member should be aware of
The Employees Provident Fund Organisation (EPFO) introduced several reforms in 2025 to simplify and digitise the process. Here are the five most significant changes made
NRI Credit Cards: Types, benefits, eligibility and application process explained
Non-resident Indians (NRIs) may be living abroad but a vast majority of them continue to have financial obligations in India. An NRI credit card will
What is a credit card cash advance fee? Charges, interest and risks explained
If you are a credit card user in India, withdrawing cash using a credit card, also known as cash advance can be a costly exercise.
Capital gains on equities: Here’s all you need to know when filing tax returns this year
Mint gives you a handy guide on how to report capital gains from shares and equity mutual funds. Choose the right ITR form ITR-2 is the
Significance of credit score: All you need to know from banking to insurance
In today’s world, credit reports and credit scores have become synonymous with financial health and stability. These tools, once primarily used by banks and financial
Why does Maharashtra CM Devendra Fadnavis want banks to give loans to farmers without the credit score?
When a borrower approaches a bank or NBFC for a loan, the bank invariably asks for the credit score. A credit score is a three-digit
Credit score: Banks take THESE 5 key decisions based on your creditworthiness
In India’s rapidly evolving financial landscape, clearly understanding what lenders foresee or find out from your credit score is crucial. As a general rule, currently
How new BookMyForex card with no ATM, cross-currency fees stacks up
International ATM withdrawals with debit, credit, and forex cards levy a ₹150-500 fee per transaction. But the Global Forex Card, a single-currency forex card denominated
‘Who will bail you?’: Rich Dad Poor Dad author sounds financial crisis alarm, asks people to buy ‘gold, silver, bitcoin’
Bestselling personal finance book, Rich Dad Poor Dad author Robert Kiyosaki on Monday issued a warning about an imminent global financial crisis, sounding an alarm
ITR Forms Sahaj and Sugam: All you need to know before you file your income tax return
As income tax return (ITR) filing season is here, taxpayers will start filing their returns as soon as the excel utility is released. The tax
Mission: Impossible – The Final Reckoning: What Tom Cruise’s IMF team can teach you about smart money moves
Mission Impossible films have always had awesome villains, pretty ones like Sabine Moreau, and evil ones like Owen Davian. In this film, Esai Morales plays
Can you pay rent with a credit card? Yes—here’s how in 5 Steps
As digital transactions become immensely admired in India, numerous tenants are exploring the opportunity of paying their monthly rents through credit cards. This particular method
Best Mutual Funds: THESE focused funds gave over 25% annualised return in the past 5 years. Check list
Before investing in a mutual fund scheme, it is normal for investors to compare the returns delivered by one scheme and compare the same with
Mutual Funds: Why are investors discontinuing their SIPs in large number?
The latest Association of Mutual Funds of India (AMFI) data suggests that a large number of investors in April discontinued their systematic investment plans (SIPs).
Master smart investing with 7 timeless lessons from ‘A Random Walk Down Wall Street’ by Burton Malkiel
Burton Malkiel’s, ‘A Random Walk Down Wall Street’ remains an enduring and must read book for both seasoned investors and new investors. First published in
Should you invest in index funds when the market is on a downswing? Experts speak
Stock markets have characteristically been volatile in the past few days. After delivering the best session of four years on Monday by rising 3.7 percent,
EPFO: How to withdraw your provident fund money? A step-by-step guide
Employees provident fund (EPF) subscribers are entitled to withdraw their money after they quit their job. Typically, the money can be withdrawn two months after
Credit Cards: Applying for the second card? Five key things to keep in mind
If you already have a credit card and are planning to apply for the second one, you should do a cost-benefit analysis and make sure
How red tape is costing public sector bank employees crores in NPS savings
However, SBI Pension Funds has delivered the least returns among the 11 pension fund managers under the National Pension System (NPS), a government-sponsored, market-linked retirement
Some credit and debit cards come with insurance, but be sure you’re eligible for it
More Indians are using credit and debit cards than ever before, but few are aware that some cards come with various types of insurance. These
Investment word of the day: Total expense ratio — what is TER in mutual funds and how is it calculated?
Investment word of the day: If you plan to invest in mutual funds, it becomes important to understand that there are certain costs associated with
How the India-UK Double Contribution Convention benefits employers and employees
On 6 May, India and the UK took a monumental step in strengthening their economic ties by finalizing a landmark free trade agreement (FTA). It’s
How to effectively diversify the retirement corpus?
How can I effectively plan my father’s retirement, considering he is 57 years old and approaching retirement after a dedicated career?My parents own land valued
Mother’s Day 2025: Why health insurance is the ultimate gift for moms’ well-being
As we approach Mother’s Day in 2025, our thoughts naturally turn to the incredible contributions and unwavering dedication of mothers. They are the cornerstones of
The Royals on Netflix: Money lessons hidden behind diamond tantrums and supercars
A dead Milind Soman still makes his presence felt… He’s left his money to Maurice. Who is Maurice? The family needs to tighten its royal
Fund houses suggest these four tweaks to make mutual funds even more sahi
To smooth out these and other issues, the Association of Mutual Funds in India (AMFI), on Sebi’s direction, has asked asset management companies (AMCs) to
Sebi warns unregistered investment adviser; here’s why investors should seek advice only from RIAs – an explainer
Capital markets regulator, the Securities and Exchange Board of India (Sebi), often issues warnings to unregistered investment advisers to prevent them from offering advisory services
EPF nightmare for NRIs: Service gaps, missing UANs, and frozen funds
Across the world, Indians who once worked on home soil are finding their PF withdrawals tangled in red tape. Missed contributions. Unlinked Aadhaar numbers. Service
When buying financial products, scepticism is your best defence
For three decades, I have observed the machinery of banks, insurance companies, and investment firms with growing concern. The conventional wisdom suggests that a positive,
Strategic vs tactical asset allocation: Finding the right balance
Growing your wealth by investing is all about finding the correct balance. One of the most important, and perhaps biggest decisions is how you should
Details on rent, home loan, TDS: ITR forms seek more disclosures this year
Details on rent, home loan, TDS: ITR forms seek more disclosures this year | Mint ₹1.25 lakh,Capital gains before and after 23
Why do some stockbrokers want to access your contacts, calendar and other apps?
Mint went to the Google Play Store and checked what permissions 16 popular stockbroking apps request from Android users. What we found is that different
Credit Cards: These are the five costly mistakes cardholders must avoid
A new credit card user is recommended to use the card optimally. This can happen by avoiding to make certain common mistakes which credit card
These eight value mutual fund schemes delivered over 25% annualised returns in past five years. See list
If you are looking to invest in a mutual fund, it is vital to examine the scheme’s past returns and compare them with schemes in
How to avail ₹5 lakh personal loan with your PAN card? A step-by-step guide
Permanent Account Number, or PAN, is an identification number that provides lenders with a complete image of the credit pattern. It helps monitor the monetary
What is the tax rate on capital gains made in 2023 but withdrawn from CGAS now?
I sold unlisted shares on 1 December 2023, with some long-term capital gains. I had deposited the money in a Capital Gains Account Scheme (CGAS)
Money tips and tricks from people who want to retire early
The FIRE movement can be a life-changer even for those who don’t plan to retire early. Rasheeda Creighton, of Richmond, Va., discovered FIRE—Financial Independence, Retire
No credit score? No problem! Here’s how you can still get an education loan
For numerous Indian students, securing an educational loan is a critical step towards accomplishing academic success. Still, lacking a proper credit score and a clean
RAID 2: Ajay Devgn vs the system – Unpacking the money lessons hidden in the action
Ajay Devgn’s Amay Patnaik gave us the hero who, with his team of income tax officers, raided a powerful politician who had stashed all his
How to download your dividend statement from HDFC Securities? A step-by-step guide
For investors in India, maintaining a clean and accurate record of dividend income is crucial for proper financial planning and income tax compliance. To meet
BHIM app update: A deep dive into recent features such as family mode, split expenses, spend analytics
In addition, BHIM’s UPI Circle feature continues to expand its use-cases for secure delegated payments. At the core of the app’s functioning is the Unified
These 5 popular credit cards provide access to airport lounges. See details
If you are a frequent traveller, it is quite usual to reach an airport a few hours early where you have no choice but to
Personal Loan: This NBFC offers loan for up to ₹55 lakh. Check details
If you face an urgent need of a large sum – say up to ₹55 lakh – for such needs as wedding, education, medical emergency,
This fintech is turning MFs into instant payment wallets—but will users bite
While bank savings accounts now yield as little as 2.7–2.75%, liquid mutual funds offer returns of 5–6%. That means your idle cash doesn’t just sit—it
Gold ETFs delivered 21 percent annualised return in the past 3 years. See details
Gold, as a precious metal, has given impressive returns to investors. Wealth advisors often recommend conservative investors to invest in the safe haven while investing
From lower interest rates to faster loan processing – 5 key advantages of having a credit score above 700
If you are planning to raise a loan – secured or personal – one of the first things that you must do is to find
This newly-launched forex card charges zero cross currency or ATM fee. Check details
A foreign exchange platform – BookMyForex – has rolled out Global Forex Card which is meant to eliminate the hidden costs of spending abroad. The
How is low credit score different from no credit history? Key questions answered
It is not uncommon for some people to have zero credit history. This usually happens with the students and young professionals who do not have
Loan consolidation: Is taking one personal loan to retire all outstanding debts a smart move?
Personal loans: Have you ever considered whether a borrower – with multiple outstanding loans – contemplate taking a fresh loan? Is this advisable for him/her
Why Marcellus’ Saurabh Mukherjea has 40% global weight
His allocation to global equities has doubled over the last five years—to 40% from 20%, Mukherjea shared in an interaction with Mint for the Guru
Donald Trump says Americans will have to pay ‘less income tax’ when tariffs come in: ‘Maybe even completely eliminated’
US President Donald Trump in a new post has claimed that the imposition of tariffs will lead to a huge number of Americans seeing a
What GenZ gets wrong about credit scores: An essential guide
Credit Score: Whether you are applying for a car loan, home loan, personal loan, or even a credit card, commercial banks tend to check your
How to start your credit journey? Key tips for first-time credit builders
The words “credit” or “debt” can feel quite daunting, especially when you’re just starting on your financial journey. For a long time, young individuals were
Sovereign Gold Bond Scheme: SGB premature redemption due on April 28, RBI sets price at ₹9,600 per unit
Sovereign Gold Bond Scheme: The Reserve Bank of India (RBI) has announced the premature redemption price for the Sovereign Gold Bond (SGB) Scheme, Series I
Credit cards: 6 key factors to consider when choosing a lifestyle card
Credit Cards: If you are planning to apply for a credit card, make sure that you opt for one that closely resembles your spending habits.
Income tax: 4 key reasons to choose the old tax regime over the new tax regime
Income Tax: The financial year 2024–25 has come to an end and the tax filing season has kicked off. As the last date to file
Sebi’s rule regarding NAV of overnight funds to come into effect on June 1
To protect investors’ funds, capital markets regulator SEBI (Securities Exchange Board of India) has released a circular dated Dec 12, 2023 to ensure upstreaming of
750 credit score and still rejected? Here’s why premium credit cards say no
A credit score of 750 or more is generally considered excellent in India. Still, many applicants find themselves in difficult situations, facing denial when applying
Gold glitters again; should you raise exposure to digital gold via ETFs? Experts say this
Gold prices: Since the price of gold has been skyrocketing due to volatility arising out of Donald Trump’s tariffs, many retail investors are tempted to
Credit Score: Why should you check it at least once a year? Here are 7 key reasons
If you hold a credit card or have a running personal loan, it is recommended that you check your credit score from time to time.
Is India’s bank deposit insurance adequate? A reality check
Is India’s bank deposit insurance adequate? A reality check | Mint ₹5 lakh deposit insurance,India deposit protection,PMC Bank crisis,RBI insurance policy,deposit insurance
The tax obligations for a UAE resident donating to NGO in India
I was born and raised in Dubai and currently reside in the UAE, where I run my own business. I still hold an Indian passport.
MobiKwik and Poonawalla Fincorp join hands to offer instant personal loans
MobiKwik, which offers a wide range of payments and financial products, has announced a strategic partnership with Poonawalla Fincorp to offer instant personal loans. This
Can I carry forward business loss after switching from old to new tax regime?
I have claimed business losses two years ago under the old tax regime. I carried them forward in my last year Income Tax Return (ITR),
Why DSP’s Kalpen Parekh has dialled up on hybrid funds
Over the past 12 months, Parekh has been allocating to hybrid funds (which invest in a combination of low-correlated assets) such as equity savings funds
Mint Explainer: What are UCITS—and why Indian investors should consider them
UCITS offer a tax-efficient, transparent, and liquid pathway to global markets—without the downsides of directly investing in US securities. Mint breaks down what UCITS are,
HSBC introduces 20 airline and hotel transfer partners for credit cards from April 2025. Details here
The travel and tourism industry has grown rapidly in the last few years. Taking note of the travel boom, some banks have partnered with airline
Are small cap mutual funds still risky? This is what March 2025 stress test reveals —all you need to know
Have small cap mutual funds become any safer now? The latest stress test, it appears, doesn’t reflect that. The test for March indicates that it
Are bulls back? As stock market spikes, what should retail investors do now? Experts say THIS
After being on a downswing for nearly six months, stock markets have started to rise again. The overall benchmark indices, Nifty 50 and Sensex, spiked
75% of health insurance buyers in India have less than ₹10 lakh coverage; awareness gap a worry, report finds
Lack of awareness is still the biggest stumbling block in insurance adoption in India, and around 47.6 per cent of Indians remain unaware of term
Income Tax | Filing ITR online: You can e-pay your dues with ease —a step-by-step guide
Income Tax: As a taxpayer, you can use the e-pay functionality on the e-filing portal to make a payment to the income tax department. This
A quick guide for NRIs wanting to invest in Indian Mutual Funds
As India takes giant strides on the path to development and gets set to meet its target of a $5 trillion economy, the prospect of
New tax regime: Can presumptive taxation make business incomes up to ₹2 crore tax-free?
But, some experts warn it may not be a blanket benefit available to all businesses and professionals eligible for presumptive taxation schemes. How does presumptive
Credit score: 5 master tips that can help you maintain an impressive score
A high credit score is important for the customers to negotiate better loan conditions with the lender including lower interest rate, long tenure and high
These are the 5 key factors to consider before you get your credit card cancelled
Credit Cards: If you are using a credit card and toying with the idea of getting it cancelled, it is recommended to be mindful of
These are the 5 mistakes you should avoid to maintain a high credit score
Having an impressive credit score is vital to be able to raise a loan at a convenient rate of interest. Someone with a high credit
Are non-residents taxed on Indian company share buybacks?
I live in Dubai. I bought 5,000 shares in an Indian company three years ago at a valuation of ₹200 per share. Since the promoters
Why category III AIF still faces tax uncertainty
Even though the category is the second largest among the alternate investment fund (AIF) categories, with ₹1.29 trillion worth of investor funds raised so far,
ITR filing: Can you buy two residential house properties to claim exemption on LTGC from sale of one house?
Can I buy two residential house properties to claim exemption on long-term capital gains from the sale of one house? Can I buy two house
How to link your credit card to Google Pay: A step-by-step guide
Google Pay has completely transformed the digital payment landscape in India. Typically, Google Pay is linked only to debit cards, but if you have a
Investment word of the day: Fund of funds —what is FoF and how does it work? Types, advantages and more
A Fund of Funds (FoF) allows investors to make a single investment while giving them access to a diversified portfolio across multiple securities. It invests
These 5 credit cards give free access to domestic and international airport lounges. Check list here
Travelling by air is not a luxury anymore for most urban dwellers. And when you take a flight to any domestic or international destination, it
How to convert large purchases made by SBI credit card into EMIs? A step-by-step guide
Did this ever happen that you bought an expensive product through your SBI Card and want to pay back in small monthly instalments? If that
Aiming for an 800 plus credit score? It may be possible if you take THESE steps
Aiming for an 800 plus credit score is a good financial goal as it can elevate your profile to the level of ‘extra ordinary’ people.
Kisan credit cards buck the trend, show decline in NPAs. Check details
In the last few years, the share of non-performing assets (NPAs) in Kisan credit card (KCC) accounts across various banking sectors has consistently declined, Union
Credit score below 600: These are 7 key reasons responsible for it
Credit score plays an important role in securing a credit card or raising a personal loan on convenient terms. And when someone’s credit score is
Income tax calculator: How does it help you compute your payable tax? A user’s guide
If you are an income taxpayer and want to compute your total tax payable for the financial year 2024-25, you can use an income tax
These value mutual funds delivered over 25% annualised returns in the past five years
Stock markets have been swinging wildly in the past few days since US President Donald Trump kicked off a tariff war on April 2 after
Stock markets continue to swing wildly: Should mutual fund investors worry? Experts say this
Stock markets around the world have been experiencing extreme wild swings in the last few days after US President Donald Trump announced sweeping tariffs on
What are welcome gifts that come with credit cards? 5 popular cards which offer them. Check details
Credit card providers often provide special privileges to the first time users to woo them. One of the common privileges which credit cards offer is
How do I get credit for US taxes in India?
I returned to India for retirement after Covid and now qualify as a resident for FY25. Most of my investments are in long-term US stocks.
Who can avail the indexation benefit on property sale and is it even worth it?
Following concerns that this could increase the tax liability for real estate investors, the government introduced a grandfathering clause to allow indexation on properties bought
Claiming GST credit on gadgets to reduce cost: why it’s not the smartest idea
On paper, this sounds like a smooth strategy. But as with most things involving tax, the devil lies in the details. Let’s break down what
Personal loans: What is a loan consolidation, and why should you opt for it?
Have you heard of the phenomenon of clearing off a personal loan by raising a fresh one? Or did you ever think of someone contemplating
Filing ITR: Over 3.24 lakh individuals filed tax returns for income of ₹1 crore & above till March 31
The latest data on income tax website shows that a total of 3.24 lakh individuals filed their income tax return for over ₹1 crore before
Markets in free fall after Trump tariffs: Is this the right time for investors to stop SIPs? Experts weigh in
Market in freefall: Stock markets in India and abroad have declined considerably in the past few days due to US President Donald Trump’s announcement of
Stock market fraud: How to identify investment scams, avoid high-risk trading, and protect your wealth
The Indian stock market has witnessed incredible growth and expansion over the past four to five years, with retail investor participation surging. The number of
Good news for PPF investors! Now pay zero charges to update nominee details. Here’s how to change PPF nominee
PPF news: Public Provident Fund investors are in for a good news this new financial year! From now on, you do not have to pay
Digital arrest scams in India: 5 ways to stay safe from cybercriminals posing as officials
The worrying rise of digital arrest scams in India has raised serious concerns among internet users and law enforcement agencies. These scammers exploit the fear
Over ₹12 trillion and interest! What government owes to Sovereign Gold Bond holders
The Indian government will have to pay the Sovereign Gold Bond investors a whooping ₹12,06,92,00,00,000 ( ₹12 trillion) if it were to redeem all outstanding
Chandigarh man falls prey to ₹9 lakh credit card scam — 5 crucial lessons to avert fraud and secure your money
India is going through an epic credit card boom. The Reserve Bank of India (RBI) recently stated that the credit surge in the country has
You can now gift securities online. Here’s how.
Some brokers now allow investors to gift securities to family and friends online, directly from their demat account. You can use this to easily gift
Can I claim my mother’s renounced share of my grandmother’s property?
My maternal grandmother has three daughters, including my mother. My mother has chosen to renounce her share of my grandmother’s property, which includes a significant
Good news for PF investors, Govt likely to increase EPFO claim limit from ₹1 lakh to ₹5 lakh: Report
The Central government’s Employees Provident Fund Organisation (EPFO) has decided to likely increase the auto settlement of the advanced claim (ASAC) limit to ₹5 lakh,
Who gets the insurance payout—nominee or legal heirs?
This dilemma stems from the intersection of insurance laws and succession laws, creating a legal gray area. The Insurance Laws (Amendment) Act, 2015, introduced the
Income Tax Deadline! Last 2 days to invest in tax-saving instruments for FY 25. Check details here
Income Tax: If you are planning to opt for old tax regime at the time of filing your income tax return (ITR) in July this
New income tax norms, GST changes, UPI payment: List of new money rule changes that will affect your pocket from April 1
Money rule changes from April 1 2025: March 2025 is coming to an end, ushering the beginning of a new financial year from April 1.
DA Hike: Cabinet approves 2% raise in dearness allowance for central govt employees
DA Hike: The Union Cabinet, chaired by Prime Minister Narendra Modi, on Friday, March 28, approved the release of an additional instalment of dearness allowance
What is professional tax? How much will you pay in THESE states — EXPLAINED
In the last few weeks, some states have tweaked professional tax rules during budget presentations. The Assam government has announced the exemption of professional tax
Small savings schemes: Govt announces interest rates for PPF, NSC for April-June quarter of FY26; check details
Small savings scheme: The central government has kept the interest rates on small savings schemes like PPF and NSC unchanged for the April-to-June quarter of
ATM charges hiked by ₹2 to ₹23 per withdrawal beyond free monthly usage from May 1
ATM charges hiked by ₹2 to ₹23 per withdrawal beyond free monthly usage from May 1
Credit card fraud at petrol pumps: 5 essential tips to protect your financial information
Petrol pumps in India are becoming hotspots for credit card fraud, with incidents of card skimming and fraudulent transactions on the rise. To keep your
I-T rules tweaked to expand safe harbour laws, threshold hiked to ₹300 crore: Here’s how it benefits EV makers
I-T rules for safe harbour laws: The Central Board of Direct Taxes (CBDT) notified certain amendments in Income-Tax Rules (I-T), 1962, on Tuesday, March 25,
In what kinds of mutual funds should I invest in current market conditions?
I am 36 years old and working in a private company. I started investing in July 2024 and want to build a corpus of ₹5
How switching MFs to dividend option to book unrealised loss can reduce your tax bill
First, let us understand the tax rules for selling short term and long term investments. Short-term capital gains (STCG) on assets held for less than
5 steps to build an emergency fund in 12 months
Several surveys over the years have consistently shown that a significant portion of Indians don’t have an emergency fund. This lack of financial knowledge and
Does delaying your property sale to April give you more time for tax payment?
I have an apartment that I want to sell. If I sell it before 31 March this year, will I have to pay the entire
Navigating GST registration hurdles: What freelancers and small businesses should know
The next step is the online registration process–uploading the documents and submitting the application and Aadhaar authentication through OTP. However, the process may not be
How to convert Kotak credit card transactions into EMI? A step-by-step guide
Converting your Kotak credit card transactions into EMIs can provide much-needed financial relief, especially when you are faced with large expenses. This facility allows customers
How you can get a loan against an insurance policy
MUMBAI : Traditional insurance policies have a fixed maturity period. Until these policies mature, policyholders cannot withdraw funds. However, if you are facing a temporary
Is pre-closing your personal loan a smart move? Pros and cons explained
Pre-closing a personal loan from any bank is a good financial decision, but one must be cautious while doing so by keeping certain important points
Snow White 2025: From snowstorm to bankstorm—Money lessons you didn’t expect from a princess
When remaking the classics, Disney has had to step gingerly around everything: Cannot say ‘white’ because, racism; cannot say ‘dwarf’ because we acknowledge the dignity
How to withdraw funds from PPF or even close the account prematurely
While the Public Provident Fund (PPF) has lost some of its sheen over the years as interest rates have slipped gradually — 7.1% at present
SBI and IDFC First Bank credit card users: Major changes coming April 1, 2025—What you need to know
As the new financial year sets in, a series of changes are going to take place for the credit card consumers in India, in particular
Should I invest in Reits for regular income and capital appreciation?
Over the past six months, my investments in mutual funds and equities have been affected by macroeconomic instability, resulting in losses. Given the current market
FMCG, renewables, auto sectors to do well in future, says Rumki Majumdar of Deloitte
Although first three-quarters’ growth was not too promising with 6.2 percent in Dec quarter – it was somewhat expected since it was an election year,
Mint Horizons, a masterclass series on global investing launches in Bengaluru
In today’s dynamic financial landscape, Indian investors face increasing challenges with domestic market volatility and currency fluctuations. Recognising the need for diversification and global exposure,
How your low credit score could be driving up your car insurance premiums
In India, where car ownership is now becoming the norm, it is helpful to know about the variables that influence car insurance premiums in order
‘Worst recession of my lifetime’: Jim Rogers issues stark warning on US economy
The recent stock market slump in the US has raised concerns about President Donald Trump’s economic policies such as tariffs, immigration crackdowns and federal budget
How many mutual funds should your portfolio really have? Find out
As of 28 February 2025, India’s mutual fund industry’s assets under management (AUM) stood at ₹64.53 trillion according to data provided by Association of mutual
Gen Z Is Taking ‘Micro-Retirement.’ Don’t Laugh.
(Bloomberg Opinion) — Gen Z has been in the workforce just long enough to want out. Well, at least temporarily. The concept of a micro-retirement
Wealth Creation: Investing ₹1 lakh in this mutual fund at its launch in 2007 would have grown to ₹11 lakh; check how
One of the key investing mantras to ensure wealth creation is to stay invested in stocks and mutual funds over a long period of time.
Best Mutual Funds: These flexi cap schemes gave over 15% CAGR return in the past 3 years. Check list here
Best mutual funds: Prior to investing in a mutual fund scheme, investors tend to compare the returns given by that scheme vis-a-vis other schemes in
These 6 post office savings schemes offer income tax deductions under section 80C
If you plan to opt for the old tax regime at the time of filing of income tax return (ITR) in July this year, you
My Melbourne: How four immigrant tales teach powerful money lessons
The city of Melbourne glues the stories together. A story about a father and son, a woman trying to make a place for herself in
Holi 2025: Five key money lessons you can learn from the festival of colours
Holi 2025: The festival of colours offer a slew of money lessons for investors. We can imbibe a range of these lessons in our investing
What is tax loss harvesting? How does it work? All your queries answered
Do you regularly invest in stocks and have booked capital gains by selling some shares recently? In case you are not aware, these gains can
Pre-EMI or Full EMI: A complete guide to choosing the best home loan option
A home loan is essential while buying a house as property prices have been on a steady rise. Home loans come with multiple options. The
Investment word of the day: Sharpe Ratio—a key metric to assess risk vs reward. Here’s how to calculate it
Investment word of the day: To make informed investment choices, it is essential to analyse potential profits and losses. By considering risks, investors can determine
Personal loan hacks: How to slash your interest rate after you’ve borrowed—Key ways explained
Personal loans are generally taken in India for satisfying one’s current financial needs, but do remember a higher rate of interest can increase repayment difficulties.
Which are the best entry-level credit cards for 2025? Top 5 picks revealed
Credit cards are a great way to make smart transactions to save on money while not compromising on your lifestyle. If you are someone who
Advance tax: Here’s how to calculate and pay your final instalment for the fiscal year
If your total tax liability from income streams like interest, rent, capital gains and so on is more than ₹10,000 (after adjusting for tax deducted
Can your power of attorney sell your land? Know the legal boundaries
I have a small patch of land in a village. I’ve given power of attorney of the land to a childhood friend residing in that
SIFs, a new asset class, allows investors to enhance returns, diversify risks, have greater clarity of financial goals
Discretionary portfolio managers have grown by ₹4.26 lakh crore since then. And even mutual fund investors have discovered the power of risk-adjusted returns through categories
How NPS schemes have fared versus benchmark indices
Here is a look at how equity and debt categories of NPS schemes have performed over time versus the respective benchmark indices. Past performance A
Deadline Alert! Last 3 weeks to invest in tax saving instruments to claim deduction, check details here
With financial year 2024-25 soon coming to an end, only three weeks are remaining before the taxpayers can invest in the tax-saving instruments such as
Women’s Day? Let’s talk about the unseen cost of being a woman: ‘Pink Tax’— What is it and how can you avoid it?
Women’s Day 2025: International Women’s Day is here again on March 8! On this occasion, while we celebrate women around the globe, the systemic cycles
Income Tax department releases latest list of 30 banks for e-pay tax service. Check list here
Income Tax (I-T) department has released the latest list of banks which are mapped to e-Pay tax service at e-Filing Portal as you file your
Top banks for debt consolidation loans: Where to apply in 2025
Several different forms of debt such as credit cards demand personal loans and medical expenses become complicated to handle at once. You can simplify debt
‘The Leopard’ on Netflix: How a prince’s struggle teaches valuable money lessons
Netflix released this beautiful period drama about a revolution most of us did not learn in high school: the great unification which is said to
India’s oldest index fund completes 25 years
UTI Nifty Index Fund, India’s oldest Nifty 50 index fund, turned 25 this March. Since its launch in 2000, it has delivered a return of
THESE 4 special tenure fixed deposits offering higher interest rates to discontinue on March 31. Check details
At the time of opening a fixed deposit (FD), it is advisable to compare the interest rates offered by different banks. Importantly, some banks have
What happens to your loan if the unexpected strikes?
I am planning to buy a home and will be taking a loan to finance my purchase. While exploring my options, I came across loan
As credit scores update faster, timely payments now matter more than ever?
In a major step towards improving the timeliness and accuracy of credit reporting, the Reserve Bank of India (RBI) has introduced a new policy mandating
Credit card spending dropped in January: What is prompting consumers to tighten purse strings?
Total credit card expenditure in January 2025 declined to ₹1.8 trillion, reflecting a 2 per cent month-on-month decline and a 14 per cent year-on-year jump.
How many credit cards should you own? Key tips for managing your finances
The Indian credit card market as of March 2025 continues to grow at a fast pace, with estimates predicting a spectacular growth in card volumes
Investment word of the day: Active funds – How they work and can help you beat markets
Investment word of the day: Investing in the stock market may be intimidating, especially for beginners. Many struggle with understanding essential stock market terms, making
ITR filing 2025: How often can Indian taxpayers switch between new and old income tax regimes?
In India, taxpayers can choose between the old and new income tax regimes, each offering distinct benefits. However, this choice isn’t permanent and can be
Transferring PPF maturity funds? Know the tax implications before you do
My wife’s PPF will mature in April. She wants to transfer ₹23 lakh to my senior citizen savings account and balance ₹7 lakh to our
FD interest rates: These 7 banks offer highest interest on fixed deposits on these tenures
Prior to investing in a fixed deposit, investors often compare interest offered by different banks. One might argue that most banks — more or less
You saved for retirement. Now comes the tricky part: Spending your savings.
Over the past four decades, private employers have dumped pensions and replaced them with 401(k) savings plans. The result is that millions of Americans are
Best Mutual Funds: These large cap schemes gave highest returns in past 5 years. Do you own any?
Prior to investing in a mutual fund scheme, investors are expected to examine the historical returns delivered by the scheme in comparison to its peers
Investment word of the day: Passive funds — a low-risk option for investors; how do they work?
Investment word of the day: The volatility and risk in the equities market are known to all, which often prevents people from investing in stocks.
How to consolidate debt with a personal loan? 5 key tips to cut costs and simplify payments
Management of multiple debts can be both challenging and overwhelming. Even more so if you are dealing with high interest loans and credit cards. Personal
Investment word of the day: Rolling returns – Why is it crucial for investors?
Investment word of the day: While investing in various funds and financial instruments, a need may often arise to track your investment in order to
How much home insurance do I need for my home loan?
I recently applied for a home loan, and the bank is urging me to buy home insurance. My property in Gurgaon, measuring about 1,500 sq
Investment word of the day: Absolute return
Investment word of the day: Whenever you make an investment, you will be curious to know how your money is performing over time. There are
UPI Lite’s THIS feature to come into force from April 1; check details here
National Payments Corporation of India (NPCI) has rolled out a new rule with regards to UPI Lite which will come into force from April 1,
Rupee crash casts shadow over US-bound Indian students’ dreams; total cost may go up by ₹3.7 lakh a year
As the Indian rupee continues to fall against the US dollar, students from India who plan to travel abroad for higher studies stare at a
These 2 banks cut their FD interest rates in Feb after RBI’s repo rate cut. Check details
Early this month, Reserve Bank of India (RBI) cut its repo rate to 6.25 percent. Following this, a few banks have followed suit. A couple
Investment word of the day: Extended Internal Rate of Return — what is XIRR and why is it crucial for MF investors?
Anyone investing in various instruments, including a Systematic Investment Plan (SIP) or regular deposits in mutual funds, will need to consistently track returns to assess
Student loan accounts to be linked to digital currency wallets for transferring subsidies: Report
The government is contemplating rolling out a system to route and settle interest subsidies on education loans through digital currency wallets, Economic Times reported quoting bank executives aware
New Income Tax Bill: Is this an old wine in a new bottle? Experts say this…
Union Finance Minister Nirmala Sitharaman on Feb 13 tabled the new Income Tax Bill in the Parliament. This was a landmark move as the entire
How exemption under Section 54F for long-term capital gains on the sale of a plot of land is computed?
I have sold a plot of land for ₹67 lakh. After indexation, the taxable long-term capital is around Rs35.40 Lakh. If I invest the long-term
Mutual fund body AMFI launches THESE initiatives to attract market investors: What are they?
New Delhi, Feb 22 (PTI) Industry body Amfi has launched three initiatives — SIP for smaller investments, Tarun Yojana to encourage young investors, and MITRA
FD interest rates: These 6 banks offer highest interest across these tenures. Check here
Before starting a fixed deposit (FD), it is common for depositors to compare the interest rates offered by different banks so that they can maximise
‘Defaulter jaise harkate kar rahe ho…’: SBI Card’s aggressive credit card reminder sparks outrage
Recently, Rattan Dhillon of Chandigarh, a State Bank of India (SBI) credit cardholder, brought to light an aggressive recovery message he had received from an
How to add a credit card to Amazon for seamless online shopping—A complete guide
Online shopping has become a convenient way to make purchases at the ease of your home. With credit cards you can make transactions easily without
How the credit score cycle works and why it matters for your finances—check here
A high credit score offers much more than numerical value because it functions as a gate to better financial prospects together with financial independence. Credit
PNB announces revised interest rates on retail loans. Details here
Punjab National Bank (PNB) has revised interest rates in its retail loan book with effect from February 10, 2025. The revision aims to provide more
LIC rolls out Smart Pension Plan. Key questions answered on retirement scheme
Life Insurance Corporation of India (LIC) has rolled out LIC New Smart Pension Plan. It is a non-participating, non-linked, individual, savings, immediate annuity plan. The
What is a pre-owned car loan and how to apply for it?
With the popularity of used cars in India, a lot of opportunities are waiting to be financed. A pre-owned car loan is simply to provide